Ethereum | Time To Test The Top Again

Ethereum | Time To Test The Top Again

Yesterday I shared an analysis for Ethereum that it was showing a potential price increase during these days.

On the lower time frame 60 min chart, we can clearly see that yesterday after the price broke out of 1170,
it was stopped in that area for some hours and now it is increasing more.

The first and the strongest resistance zone will be 1280 where the price found the previous resistance during the previous month.

if we will see a solid breakout it can keep increasing more up to 1350.

If the price will find strong resistance at 1280 it can move lower again for another corrective wave up to 1170 as the beginning.

Thank you and Good Luck!